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What is the WACC for Nike? You can assume the equity risk premium of 4.72%. Use the cost of debt of 2.06%. Use the effective

What is the WACC for Nike? You can assume the equity risk premium of 4.72%. Use the cost of debt of 2.06%. Use the effective tax rate as of may 2021 LTM of 14%. Please show the calculations in excel.

Cost of Equity 6.56%
3y Adjusted Beta 1.08
* Market Risk Premium 4.72%
+ 10y Risk Free Rate 1.46%
* Weight of Equity 96.30%
Fully Diluted Market Cap 245,306.1
/ Total Capitalization 254,736.1
+ After Tax Cost of Debt 1.77%
Cost of Debt 2.06%
* 1 - Effective Tax Rate (3y Avg) 0.86
* Weight of Debt 3.70%
Total Debt net ITM Convertible Debt 9,430.0
/ Total Capitalization 254,736.1
+ Cost of Preferred -
* Weight of Preferred 0.00%
+ Preferred Equity net ITM Convertible Pfd 0.0
/ Total Capitalization 254,736.1

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